Capital Gains (Law & Practice) (5th Edition)
- Year of Publication: 2023
- Edition: 5th
- ISBN: 978-81-962605-3-8
- No.of Pages: 937
Capital gains taxation is one of the most potent tools available with Governments world over to drive their public policy priorities, especially in connection with their relationship with the external economies. Countries like Singapore, Mauritius, etc. have kept capital gains tax Zero rated to promote global investors to set up shop – clearly the Government’s focus is to promote their jurisdictions as global investor friendly hubs. India is one of the most active proponents for using taxation as a tool to augment revenues and, of course, aid policy initiatives. There have been some important amendments in the Finance Act, 2023. The restriction of exemption on reinvestment in residential house property to Ten crores and the introduction of new section 50AA to tax capital gains on Specified Mutual Funds as short term capital gains are significant. The amendments through Finance Act, 2023 and the impact of MLI on DTAAs have been discussed in detail in this book.
Divakar Vijayasarathy, founder and managing partner of DVS Advisors, is a rank holder chartered accountant and an ex-banker, with strong passion towards domestic and international taxation law. Mr. Divakar is an alumni of Harvard Business School. An ex-banker and with significant exposures in both domestic and international markets, he founded the firm with a single-minded objective to provide value added cross border services to mid and large businesses having global aspirations.
A passionate orator and professor on the subject of international and domestic taxation laws, he has presented numerous seminars across various professional and institutional forums. He has authored more than 15 books most of which have been national publications and has been part of several study groups constituted by various Committees of the Institute of Chartered Accountants of India. A renowned expert on the subject of international tax, he is part of the expert team of ICAI for the certified course on International Taxation. He is a regular columnist and expert consultant for various national publications in India.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
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- Year of Publication: 2023
- Edition: 5th
- ISBN: 978-81-962605-3-8
- No.of Pages: 937
Capital gains taxation is one of the most potent tools available with Governments world over to drive their public policy priorities, especially in connection with their relationship with the external economies. Countries like Singapore, Mauritius, etc. have kept capital gains tax Zero rated to promote global investors to set up shop – clearly the Government’s focus is to promote their jurisdictions as global investor friendly hubs. India is one of the most active proponents for using taxation as a tool to augment revenues and, of course, aid policy initiatives. There have been some important amendments in the Finance Act, 2023. The restriction of exemption on reinvestment in residential house property to Ten crores and the introduction of new section 50AA to tax capital gains on Specified Mutual Funds as short term capital gains are significant. The amendments through Finance Act, 2023 and the impact of MLI on DTAAs have been discussed in detail in this book.
Divakar Vijayasarathy, founder and managing partner of DVS Advisors, is a rank holder chartered accountant and an ex-banker, with strong passion towards domestic and international taxation law. Mr. Divakar is an alumni of Harvard Business School. An ex-banker and with significant exposures in both domestic and international markets, he founded the firm with a single-minded objective to provide value added cross border services to mid and large businesses having global aspirations.
A passionate orator and professor on the subject of international and domestic taxation laws, he has presented numerous seminars across various professional and institutional forums. He has authored more than 15 books most of which have been national publications and has been part of several study groups constituted by various Committees of the Institute of Chartered Accountants of India. A renowned expert on the subject of international tax, he is part of the expert team of ICAI for the certified course on International Taxation. He is a regular columnist and expert consultant for various national publications in India.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
